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06

May, 2015

Wednesday

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  1. Nope, initial outlay is still covered by 10% wear...

    Nope, initial outlay is still covered by 10% wear and tear so cannot be deducted separately. In fact the initial cost of furniture is never tax deductible, even if you opt for deducting it on a...
  2. Garden furniture -- I can't see how the fact that...

    Garden furniture -- I can't see how the fact that it's furniture for the outdoors makes a difference -- it's still furniture, so it still comes under the 10% furniture wear and tear allowance so it...
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    What does "reasonably-sized" mean? Depending on...

    What does "reasonably-sized" mean? Depending on who's saying it, to me that could mean anything from 5 properties to 500!

    I'd have thought that just selling them individually through local estate...
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    This is good news. Whilst I support minimum...

    This is good news. Whilst I support minimum standards in HMOs, some of the minimum bedroom sizes laid down by councils are completely arbitrary and don't take into account other factors in the house...
  5. My guess would be that the annual gas safety...

    My guess would be that the annual gas safety check is alone considered a sufficient safety measure for gas boilers, but no equivalent exists for solid fuel appliances?

    Either way I agree that a...
  6. If the terms and conditions say you aren't...

    If the terms and conditions say you aren't allowed to let to students, do they allow the property to be a licensed HMO and/or to have as many as six bedrooms/tenants? If it's a mainstream BTL...
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    Poll: I understand what you're saying, but I still...

    I understand what you're saying, but I still think the OP's poll is useful as it tells you specifically about LLZ participants (who may very well not be typical of landlords in general). One obvious...
  8. Thread: Voting

    by JamesHopeful
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    1,524

    I suspect you mainly posted this to get a...

    I suspect you mainly posted this to get a reaction (even if it's actually true that you have never voted), but even so I can't resist rising to the bait...

    It is absurd to imply that political...
  9. Thread: Voting

    by JamesHopeful
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    1,524

    I was aware of the revenge evictions bill, but...

    I was aware of the revenge evictions bill, but can't find a source for the Lib Dems supporting Labour's 3-year AST proposal.

    Incidentally the Lib Dems have recently come up with the "help to rent"...
  10. Thread: Voting

    by JamesHopeful
    Replies
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    1,524

    I understand what you might be referring to with...

    I understand what you might be referring to with Labour and the Greens, but what have the Lib Dems said about the PRS which offends you? As far as I can tell they don't have any interventionist...
  11. I think there's a problem which is that there's...

    I think there's a problem which is that there's no generally agreed definition as to what counts as a revenge eviction.

    If someone is evicted because they wilfully smash the place up or don't pay...
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    From reading the Government's press releases, it...

    From reading the Government's press releases, it looks like the requirement to have a CO alarm will only be for properties which have a "solid fuel" combustion appliance. Since the vast majority of...
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    I do all my landlording duties by bicycle (I...

    I do all my landlording duties by bicycle (I don't actually own a car). It's surprisingly doable. I can get a big bag on the back so I can bring all the tools I need for the small maintenance jobs...
  14. Thread: Voting

    by JamesHopeful
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    Re the bit in bold, you can't possibly blame the...

    Re the bit in bold, you can't possibly blame the global financial crisis and resulting near-global Great Recession on the UK's 1997--2010 Labour Government (I think you'd be flattering a UK...
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    andybenw, I'm very interested by your post....

    andybenw,

    I'm very interested by your post. Some time ago I was agonising over whether I needed a formal fire risk assessment done for my two shared maisonettes (a three-bed and four-bed...
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    It will be an HMO although if in an area without...

    It will be an HMO although if in an area without additional licensing the practical effect will be limited. It should probably have internal fire doors and a hard-wired smoke alarm system, amongst...
  17. Although I was too young to be very interested in...

    Although I was too young to be very interested in property prices at the time, I am led to believe that people were saying that exact same thing about London property in the late 1980s. Then in the...
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    The Green Party's policy rests on the perfectly...

    The Green Party's policy rests on the perfectly arguable point that landlords are investors, not businesspeople, so just as you wouldn't be allowed to tax deduct the interest if you borrowed money to...
  19. Private Eye "Scene and Heard" at the Landlord and Letting Show

    From the latest Private Eye. It's vaguely amusing -- I thought LLZ posters might be interested:

    806
  20. Agreed with this. Re the process, I suspect...

    Agreed with this.

    Re the process, I suspect that the current T signing a new AST along with his girlfriend would constitute implied surrender of the existing AST he has -- but others will be able...
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    Some of them might be live-in landlords...

    Some of them might be live-in landlords advertising for lodgers. Others might be letting by the room, which makes it very difficult to let other than with bills included.
  22. Why don't you just ask her how she intends to...

    Why don't you just ask her how she intends to fund her costs of living given that her regular monthly income is so low?

    If she has a convincing explanation (the obvious explanation would be that...
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    A hotel room investment has every characteristic...

    A hotel room investment has every characteristic which you DON'T want from a property investment: no leverage available, no real secondary market, no alternative uses for the property, lots of people...
  24. otretv, and others: I find that student...

    otretv, and others:

    I find that student tenants often tend to reflect the quality of the accommodation which is provided. If the house is shabby, they'll be complete slobs and make it even...
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    I've just watched it on iPlayer (it's London...

    I've just watched it on iPlayer (it's London region by the way).

    It showed one landlady who was evicting her tenants as they'd been erratic paying their rent right from the start. She admitted she...
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